The provisions of this article shall not apply to: (a) Insurance companies which pay the State of West Virginia a tax upon premiums; provided, that such exemption shall not extend to that part of the gross income of insurance companies which is received for the use of real property, other than property in which any such company maintains its office or offices, in the municipality, whether such income is in the form of rentals or royalties; (b) nonprofit cemetery companies organized and operated for the exclusive benefit of their members; (c) fraternal societies, organizations and associations organized and operated for the exclusive benefit of their members and not for profit; provided, that this exemption shall not extend to that part of gross income arising from the sale of alcoholic liquor, food land related services of such fraternal societies, organizations and associations which are licensed as private clubs under the provisions of West Virginia Code §§ 60-7-1 et seq.; (d) corporations, associations and societies organized and operated exclusively for religious or charitable purposes; (e) production credit associations organized under the provisions of the federal Farm Credit Act of 1933; provided, that the exemption of this Section shall not apply to corporations or cooperatives associations organized under the provisions of West Virginia Code §§ 19-4-1 et seq.; (f) any credit union organized under the West Virginia Code; provided, that the exceptions of this Section shall not apply to corporations or cooperative associations organized under the provisions of West Virginia Code §§ 19-4-1 et. seq.; and (g) gross income derived from advertising service rendered in the business of radio and television broadcasting.
(Ord. 172. Passed 3-21-06.)